At last, the European economy is growing faster than the US. According to Eurostat, the EU’s, statistical service, during the second quarter of this year, GDP grew by 2.4% in the club of 28 member states compared to the same period of 2016 and 2,2% in the US. It’s worthwhile nothing that in both the […]The silent euro-dollar parity war rages but realities at home prevail
September 18, 2017 by Leave a Comment
At last, the European economy is growing faster than the US. According to Eurostat, the EU’s, statistical service, during the second quarter of this year, GDP grew by 2.4% in the club of 28 member states compared to the same period of 2016 and 2,2% in the US. It’s worthwhile nothing that in both the […]The EU moulds a new compromise for growth and financial sustainability
October 16, 2014 by Leave a Comment
The whole world knows that the European Union has for decades been powered by a strong force; the Berlin – Paris axis. At times, when this relationship broke down, the EU came to a standstill. Obviously now this is again the case. Towards the end of last month the newly appointed French Prime Minister, Manuel […]EU Commission: Germany can make Eurozone grow again just by helping itself
October 23, 2013 by 1 Comment
On the political level, the European Commission and the IMF have been warning Germany for months now about its inextricable over stretched internal fiscal and incomes double consolidation. Now the Commission comes back with an excellent economic paper, which employs a structural multi-country model and assesses the negative impact of fiscal consolidation measures undertaken in […]Germany’s fiscal and financial self-destructive policies
June 4, 2013 by Leave a Comment
IMF Mission’s “Concluding Statement” (Article IV Consultation) on the German economy which was published yesterday, contains almost the same basic recommendations as the European Commission’s assessment aired at the Semester Press Conference in Brussels on 29 May. Both reports had references to Germany’s over stretched fiscal consolidation (meaning unneeded austerity) and the need to increase […]A comprehensive strategy for Eurozone’s long term growth gains momentum
May 10, 2013 by Leave a Comment
European Commissioner László Andor responsible for Employment, Social Affairs and Inclusion delivered an inspired speech entitled “Countering the crisis: fixing Europe’s monetary union and upgrading EU employment policy“, during an event at the London School of Economics. His idea about the European project is included in the very title of this speech that is connecting […]
